Answer:
Return on investment = 50%
Explanation:
Return on Investment is the proportion of investment cost that an investor earns as as return in dollar
For a mutual fund= total return in dollar/investment cost
= (48-32)× 500/(500× 32) × 100
=50%
<em>Note that the gains in dollar is the difference between the selling price at the end and the selling price at the beginnin</em>g.
MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY
Answer:
- <u><em>4,099 units or more</em></u>
Explanation:
The cumulative distribution of a random variable X that follows a normal distribution is given by the area undear the "bell curve" and the values are given by the corresponding table for the standard normal distribution.
The standardized value of the variable X is called Z and is calculated with the formula:

Where:


You read the Z-value for which the probability is greater than or equal to 5% in the table for the values of the area to the right of Z. Using probability = area under the curve ≥ 5%, the Z-value is 1.645 (interpolating between p = 0.0495, Z = 1.64 and p = 0.0505, Z = 1.65).
Substituting in the formula for Z:
- X= 60 × 1.645 + 4,000 = 4,098.7 ≈ 4,099
Hence, the bonus will be paid on 4,099 units or more.
The answer is Europe and Australia.
According to the United Nations' Human development Index, many countries with very high development are located in Europe and Australia. As defined in Wikipedia, Human development index is a composite statistic of life expectancy, education and income per capita indicators, which are used to rank countries into four tiers of human development.
Answer:
$17.18
Explanation:
D1=(1*1.2)=1.2
D2=(1.2*1.1)=1.32
D3=(1.32*1.1)=1.452
Value after year 3=(D3*Growth rate)/(Required rate-Growth rate)
=(1.452*1.02)/(0.1-0.02)
=18.513
Hence current value=Future dividend and value*Present value of discounting factor(rate%,time period)
=1.2/1.1+1.32/1.1^2+1.452/1.1^3+18.513/1.1^3
=$17.18(Approx).